What Is Estate Planning?

Estate planning is the process of arranging ownership and use of assets to help meet lifetime financial objectives in a tax efficient manner, and simultaneously help provide for survivors’ needs and the disposition of property at death. A carefully implemented estate plan can help to:

  • Create and conserve assets during life
  • Minimize death taxes and estate settlement costs
  • Ensure that cash is available to pay unavoidable taxes and costs
  • Provide an orderly distribution of assets that meets the estate owner’s objectives and intentions
  • Provide peace of mind and family harmony.

Estate Planning Supporting Material